£372,304
This estimated value is based upon the latest sale price for the house of £218,000 on 2 Sep 2010. This value is then adjusted by the current Official House Price Index for THURROCK 1
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23 Lodge Lane, Grays, RM17 5RY
Phone: 01375318674
| Price Paid | Date |
|---|---|
| £218,000 | 2 Sep 2010 |
| £146,500 | 27 Aug 2002 |
| £98,000 | 3 Dec 1999 |
| £67,500 | 29 Apr 1996 |
| Semi-Detached |
| Freehold |
| Floor Area: 91 sq meters or 984 sq feet |
This model uses changes in the Official Land Registry House Price Index for THURROCK to estimate the market value.
When this house was purchased in September 2010 the House Price Index for THURROCK was 87.7.
The House Price Index as of 1 May 2024 is 149.7 which is a change of 70.782%.Applying this 70.782% change to the original purchase price of £218,000 results in an estimated price of approximately £372,304.
| 2 Sep 2010 | 1 May 2024 | % change | Purchase Price | Gain / Loss | Estimated Price |
| 87.7 | 149.7 | 70.782 % | £218,000 | £154,304 | £372,304 |
The Postcode Pricing Model uses changes in average sales price within the RM16 postcode to calculate an estimated price.
The average sales price when the house was purchased is compared with the current average sales price.
This change is then applied to the initial purchase price to derive the current estimated price.
Three different estimates are shown, with averages drawn from 1 month, 3 month and 6 month timeframes.
The longer timeframes give less volatile estimates, but are not so timely.
More information on this model and the calculations
| Change % | Change £ | Estimated Price | |
| 1 Month Average | 125.340 % | £273,242 | £491,242 |
| 3 Month Average | 76.643 % | £167,082 | £385,082 |
| 6 Month Average | 75.016 % | £163,535 | £381,535 |
| Date | Current Estimated Value | Price Paid | Address |
|---|---|---|---|
| 15 Dec 2023 | £428,156 | £415,000 | 121 BLACKSHOTS LANE |
| 13 Nov 2023 | £446,330 | £435,000 | 31 ASHLEY GARDENS |
| 28 Apr 2023 | £420,872 | £413,000 | 1 ASHLEY GARDENS |
| 13 Mar 2023 | £397,641 | £391,000 | 1 RUSHLEY CLOSE |
| 13 Mar 2023 | £488,152 | £480,000 | 13 RUSHLEY CLOSE |
This house has a floor area of 91 sq meters or 984 sq feet when measured on 25 Feb 2010. Using an estimated price of £372,304 means this house is valued at £4,068 per sq meter (£378 per sq foot).
The average size of a house on BROOKMANS AVENUE is 98 sq meters (1,058 sq feet).